Mississippi § 75-4-105 - Definitions of types of banks.
Full text of Mississippi Mississippi Code of 1972 Annotated § 75-4-105 — Definitions of types of banks., with citation guidance and answers to common questions.
§ 75-4-105. Definitions of types of banks.
In this chapter: [Reserved] “Depositary bank” means the first bank to take an item even though it is also the payor bank, unless the item is presented for immediate payment over the counter. “Payor bank” means a bank that is the drawee of a draft. “Intermediary bank” means a bank to which an item is transferred in course of collection except the depositary or payor bank. “Collecting bank” means a bank handling an item for collection except the payor bank. “Presenting bank” means a bank presenting an item except a payor bank.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 75-4-105
What does Mississippi Code of 1972 Annotated § 75-4-105 cover?
Section 75-4-105 ("Definitions of types of banks.") is part of the Mississippi Code of 1972 Annotated, the codified statutory law of Mississippi. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Mississippi § 75-4-105?
A common citation format is "Mississippi Code of 1972 Annotated § 75-4-105" (Mississippi). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Mississippi law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Mississippi official source linked on this page or consult a licensed Mississippi attorney.
How does Mississippi § 75-4-105 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Mississippi can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Mississippi.